Seef Properties re-appoints Chairman

The re-appointment of both Mr. Essa Najibi and Dr. Mustafa Al Sayed comes in line with their wealth of industry experience

Seef Properties re-appoints Chairman

Manama, Bahrain:  The Board of Directors of Seef Properties, elected by the Company’s shareholders for the period 2019-2022 which includes Mr. Abduljalil Mohamed Janahi, Mrs. Eman Mustafa Al Murbati, Mr. Fuad Ali Taqi, Mr. Hamed Yousif Mashal, Mr. Hesham Abdulrahman Al Rayyes, Mr. Mohamed Ebrahim Al Bastaki, Mr. Sattam Sulaiman Al Gosaibi and Mr. Yusuf Ahmed Al Hammadi, held its first meeting on April 21st 2019 at the Company’s headquarters; during which Mr. Essa Najibi was re-appointed as Chairman of the Board and Dr. Mustafa Al Sayed was similarly re-appointed as the Vice Chairman of Seef Properties.

The re-appointment of both Mr. Essa Najibi and Dr. Mustafa Al Sayed comes in line with their wealth of industry experience and knowledge-base which has enabled them to play key roles in taking Seef Properties’ to even greater heights.  Mr. Essa Najibi has extensive experience in leadership roles, having led executive positions in the real estate sector and is currently a Board Member of the Kingdom’s national carrier, Gulf Air, as well as the  Chairman of Najibi Investment Company and Al Souq Real Estate Company amongst many others.

With a PhD in Industrial Management from the United Kingdom, Dr. Mustafa Al Sayed has over 35 years of experience in executive positions across key institutions in the government and private sector. Currently a Secretary General of the Royal Charity Organization, he is also a Board Member of Bahrain Health and Safety Society and Nass Corporation B.S.C. to name a few.

Seef Properties’ new Board of Directors have distinguished academic records and established qualifications from leading international institutions with comprehensive experience across a variety of industries, positioning them to further drive the development and growth of Seef Properties as a whole. They also hold senior positions in several prestigious entities and are appointed in executive positions on a local and regional level.

“I would like to take this opportunity to express my sincere gratitude to our Shareholders and Board of Directors for their unwavering commitment to the Company and their continuous support; a vital force in driving Seef Properties forward to new successes. As we continue our journey to be a leading, innovative and diversified real estate company driven by the highest standards, I look forward to working with the newly elected Board Members alongside the dedicated members of our team,  and  wish them the best of luck in their new roles," said the Chairman of Seef Properties, Mr. Essa Najibi.

“Having a group of highly experienced and talented individuals on board will contribute towards elevating the company's position and improving its overall performance. We will be working closely to achieve the vision of Seef Properties to become a leading company in the real estate sector and build on its current market performance,” said the Chief Executive Officer of Seef Properties, Mr. Ahmed Yusuf.

This significant step comes in line with Seef Properties’ efforts to continue to build an experienced and ambitious pool of talent, which will further support the growth and development of the Company within the real estate and entertainment sectors of the national economy in line with the Economic Vision 2030.

Seef Properties established its headquarters in the Kingdom of Bahrain in 1999 and is a listed company on the Bahrain Bourse. Seef Properties manages a vast portfolio of assets across the Kingdom; further positioning it as a strong brand backed by a diverse business portfolio.


© Press Release 2019

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